5,925 Shares in Apple Inc. $AAPL Purchased by FORM Wealth Advisors LLC

Key Points

• FORM Wealth Advisors LLC opened a new Apple position in the fourth quarter, buying 5,925 shares valued at about $1.61 million. Apple is now its 22nd-largest holding and represents roughly 0.2% of its portfolio.
• Apple continues to draw broad institutional interest, with 67.73% of shares owned by institutions, even as several insiders sold stock in recent months. Notable sales included SVP Deirdre O'Brien and CFO Kevan Parekh.
• Apple posted a strong quarter, beating earnings and revenue estimates, and also raised its dividend to $0.27 per share. Analysts remain generally bullish, with a consensus rating of Moderate Buy and an average price target of $308.74.

FORM Wealth Advisors LLC purchased a new position in Apple Inc. (NASDAQ:AAPL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,925 shares of the iPhone maker's stock, valued at approximately $1,611,000. Apple makes up about 0.2% of FORM Wealth Advisors LLC's holdings, making the stock its 22nd largest position.

Other institutional investors also recently bought and sold shares of the company. Sellwood Investment Partners LLC raised its stake in Apple by 110.9% in the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after buying an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC raised its stake in Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after buying an additional 180 shares in the last quarter. LSV Asset Management bought a new position in Apple in the fourth quarter worth about $65,000. PayPay Securities Corp raised its stake in Apple by 52.1% in the fourth quarter. PayPay Securities Corp now owns 365 shares of the iPhone maker's stock worth $99,000 after buying an additional 125 shares in the last quarter. Finally, eCIO Inc. bought a new position in Apple in the fourth quarter worth about $112,000. 67.73% of the stock is owned by institutional investors.

Insider Activity

In related news, SVP Deirdre O'brien sold 30,002 shares of the firm's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total transaction of $7,661,010.70. Following the completion of the sale, the senior vice president owned 136,810 shares of the company's stock, valued at $34,934,433.50. This trade represents a 17.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevan Parekh sold 1,534 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $275.00, for a total transaction of $421,850.00. Following the sale, the chief financial officer directly owned 13,366 shares of the company's stock, valued at $3,675,650. This trade represents a 10.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,759 shares of company stock worth $24,964,305 over the last three months. 0.06% of the stock is currently owned by insiders.

Apple Price Performance

Shares of AAPL opened at $298.97 on Wednesday. The company has a market capitalization of $4.39 trillion, a P/E ratio of 36.15, a price-to-earnings-growth ratio of 2.59 and a beta of 1.06. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70. The firm has a 50 day moving average of $266.95 and a 200 day moving average of $267.88. Apple Inc. has a twelve month low of $193.46 and a twelve month high of $303.20.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion during the quarter, compared to the consensus estimate of $109.46 billion. Apple had a net margin of 27.15% and a return on equity of 146.69%. The firm's quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.65 earnings per share. As a group, equities research analysts anticipate that Apple Inc. will post 8.74 earnings per share for the current fiscal year.

Apple Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. This is an increase from Apple's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. Apple's payout ratio is 13.06%.

Key Headlines Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple is rolling out new Apple Intelligence features, including AI-powered accessibility tools and planned iOS 27 upgrades such as smarter writing help, Shortcuts improvements, and wallpaper features, reinforcing the view that AI can drive the next phase of growth. Apple announces Apple Intelligence powered accessibility feature updates
• Positive Sentiment: Multiple recent articles highlight Apple’s Services business as a major profit engine, suggesting investors are starting to value Apple less as just an iPhone maker and more as a higher-margin platform company. AAPL: Forget the iPhone—Services Will Drive the Next Phase of Growth
• Positive Sentiment: Apple remains near record levels, with commentary pointing to strong iPhone and Services performance and analyst targets well above current trading ranges, which supports the bullish valuation narrative. Apple Trades Close to 52-Week High: Buy, Sell or Hold the Stock?
• Positive Sentiment: Institutional investors continue to add Apple exposure, including a new near-$1 billion stake from Viking Global, signaling ongoing big-money confidence in AAPL. Viking Global Opens Fresh Apple Stake Worth Nearly $1 Billion As Big Tech Trade Roars Back
• Neutral Sentiment: Apple’s return of Fortnite to the App Store removes one high-profile friction point, but it also keeps attention on Apple’s App Store control and ongoing platform disputes. Fortnite Returns to the App Store Amid Clashes With Apple
• Negative Sentiment: An Indian court ordered Apple to fully cooperate in an App Store antitrust probe, adding to regulatory risk around Apple’s platform practices and potential penalties. Indian court tells Apple to 'cooperate' in antitrust case
• Negative Sentiment: Samsung and Google unveiled AI smart glasses to challenge Meta and Apple, underscoring intensifying competition in next-generation consumer AI hardware. Samsung and Google Announce AI Smart Glasses to Challenge Meta and Apple
• Negative Sentiment: Reuters reported that Apple’s global Formula 1 streaming ambitions may take time to expand beyond the U.S. because of differing international media-rights cycles, limiting the near-term boost from that deal. After U.S. deal, Apple's global F1 push may take time

Wall Street Analyst Weigh In

AAPL has been the subject of a number of research reports. Monness Crespi & Hardt increased their price target on shares of Apple from $315.00 to $335.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Wedbush reissued an "outperform" rating and issued a $400.00 price target (up from $350.00) on shares of Apple in a research report on Friday, May 8th. Bank of America upped their price target on Apple from $320.00 to $325.00 and gave the stock a "buy" rating in a research note on Tuesday, April 14th. JPMorgan Chase & Co. upped their price target on Apple from $315.00 to $325.00 and gave the stock an "overweight" rating in a research note on Friday, January 30th. Finally, KGI Securities upgraded Apple to an "outperform" rating and set a $306.00 price target on the stock in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Apple has a consensus rating of "Moderate Buy" and an average price target of $308.74.

Apple Company Profile

Apple Inc NASDAQ: AAPL is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple's principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

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